This ones a heck of a specualive investment but it seems that the institutions are willing to stomp up the cash to back it in the long term.

Heres the latest news from Killik stocbrokers on the company..........

MEDICAL MARKETING Joint Venture

We recently highlighted Medical Marketing (MMG) as worthy of attention. The company, in which I have a personal share holding, has this morning announced the formation of a joint venture, Genvax, to develop a novel DNA vaccine platform technology.

Human trials have been underway since 2001 in areas such as Lymphoma and Myeloma but the technology has broad applications in cancer, viral and bacterial infections (hence the term platform). The technology works on boosting the immune system by teaching it to identify hard to recognise cancer proteins as foreign and destroy them. Early results from the 25 patient trial in lymphoma are encouraging and evaluation of the result is expected by March 2005. Successful results should mean big pharmaceutical groups will start to take financial and commercial interests around that time.

This looks to be the first of a series of announcements due from Medical Marketing as it has a range of predominantly cancer trials moving into the clinical stage. (news flow could push the price higher)

The stock has made good progress in recent sessions up to the mid-80p level where the company is valued at just under 40 million. ENDS.

Please DYOR

cheers GF.

No certainly not Mickey, but as I warned about a month or more back now we should all be looking for new positions where the companys are protected in some form to the downside by solid assets.

The momentum plays have had it for the time being and the reason Im not laying any more new money out on them, other than NLR which is a cash generative cash cow and defensive sector stock.

MMG is a one off I would suggest and as you said earlier driven by newsflow, but I certainly wouldnt write it off by any means. Remember it goes up even quicker than it came down.

cheers GF.

Something's set MMG off again..down once more. Any news??

I think that's exactly it Mr Mole - Any News .. no. Sp will continue to tank ..

This company really does need a good PR person. This is going to continue to slide untill there is something concrete to give support. I suppose this is what you get when you invest in a company whose valuation is based on hope and not assets and cashflow.

MS

I think it was you MS who mentioned earlier in this thread that this was a screaming short when it was around 250 ish. It'll be a screaming buy soon but at the moment its built on hope and promise so it's bound to drift to at least 100p. I'll probably top up then.

Yes mickey i agree, i sold out some time ago and have been looking for another entry point , but i can't see one in this market . As soon as they can come up with something more solid (news) ill be interested , but your right they need good PR..JB..

My problem is I'm fully invested, so I can't take advantage of the fall. But even if I could, I would probable wait and watch for a while. Falling knives and all that. G&T time me thinks...large ones of course.

MS

In for a 1000 shares @111.3p...!

Mitzy, how far do you think this will go Down..........I'm in already and hoping for a move northward

I have had to keep away from looking at my investments but i`m back and guess what just when i thought it couldn`t get any worse! it just did!!!
What the hell is going on here?
Come on Mr Best your not short of a bob or two show the city you have faith in your own company and buy some shares,that might just give the share price some welcome relief and me at the same time.
DB66

I don't think he'll buy anymore as he holds 12.5 mil of them. No news and down it will go on a day by day basis. But if we get news then this position could well reverse very quickly.

MS

I agree mickey any news and we could add 50p in one day but with no news it will fall to 100p ish...all small caps are suffering at the moment but MMI has fallen more than most.

is there anyone here bought above 250p and still holding? Here is one... :_(

From the other place. Please read it and take hope he's bang on.

kenmill - 18 May'05 - 18:16 - 5620 of 5620


All this unrelieved gloom following the unrelieved euphoria on the way up to 3 is rather ridiculous. Absolutely nothing has changed in the intervening period. The company came out with some good news regarding the apparent positive effect of a drug in phase l/ll trials. People got too excited on the way up and, because a city shorter picks the company for his latest hit, terminal gloom descends on the way down. Simon Cawkwell picked a perfect share for shorting. Good news causing an over-extended price and the knowledge that there will be a sizeable gap before the next news - perfect. What is ridiculous is the talk that the company is now almost worthless. The trial results were very positive and it is reasonable to expect the share price to contain an element of hope. The exact size of the hope element at this stage will vary with sentiment but that does not mean the company suddenly has no future. Simon will stay in for as long as he senses scared punters. Once they have all gone or find confidence and the selling dries up, the price will stabilise. This could be at any price, depending on how agressive SC is and how scared the punters are. In due course the company will come out with further results and, if positive, the price will rise again and all this will be a memory. A pleasant one for SC and an unpleasant one for all the punters scared out of their shares at a loss.

thanks mickeyskint, all we do now is ...wait + look forward.

Hello swseun good to know your still about , this is one hell of a rollercoaster ride and i for one have never liked rollercoasters.
I have tried to keep away from portfollio lately as it is having a bad effect on my blood pressure.
Still if you thought this was bad thank your lucky stars your not in Regal Petroleum ,another stock making evil a packet.
All good things come to those that wait.
DB66

hi DB66, nice to see you around. I did the same as well, keep away from my portfolio, but only for a week. Once I saw it again this morning, I nearly jump up in office. I think everyone could see my disappointed face haha....
yeah, I was a bit angey as well with this shares, but it is stock market, isn't it? you would never win. Howver, buying share to me is investment, now seems like gamble.... well now I understand...
Anyway, no matter how low the share it go even to 4p, I will just hold it, to me now, 20,000 pounds is no difference to 2 pounds. And they would never get my share... only if it closes the company.

swseun

swseun, you're right it is a gamble but you can win. I did all right out of MMG becuase as you know I took good profit at 270p from 71p and I guess I'll get the chance to do it again but I too made mistakes early on and at times felt like jacking it in, you'll never get it all right but when you do get the winners its a great feeling. Luckily for me I built up an overweight position in SEO at 4-6p last year so I don't have to worry too much right now as my original investment into the stock-market has more than doubled and I am a novice of 15months at this!!

Andy, like swseun I too am a novice, been at this game for only 6 months and have won on a few and lost on more than a few. I'm learning all the time and feel I am making better decisions at present. Its very comforting to hear some positive comments and encouragement from yourself and others, I salute you and thank you very much. Now if this SP would only retrace to where it rightfully belongs............up to the 3 mark LOL BTW, I have been in and out of this and made a few quid but am in again at 236 and missed the pull back.....Ah well!

From the other place. Keep the faith it will happen.

A0469514 - 19 May'05 - 09:09 - 5641 of 5643


The Relative Strength Index which you can find on Benny's chart above shows that we have got down to a RSI of 10. This is ludicrously low and indicates that the share is massively oversold. I would never sell with a RSI so low. 9 times in 10 the share price will recover from such a low rating.

Getting back to fundamentals, MMI have at least two potential blockbusters, ruthenium compounds for cancer and a prostate cancer vaccine. There is a very good possibility imo that both of these will be licenced by big pharma and when they do these shares will be at least 10 times the price they are now. And as boss David Best says a deal is quite likely to happen before clinical trials are complete, in which case milestone payments would be paid to MMI when various targets are reached. So news of a deal could come at anytime.

To be honest, I still thought that these were a buy at 250p and with hindsight, I obviously should have sold out at 3 and bought back at 1. I did trade some on the way down but bought back too early.

But I have to say that for anyone looking for a 10 bagger investment, there cannot be a better prospect from here than MMI. I still have my core holding which is still well in profit and I have just gone long with Finspreads at 112.5p until September. Now that looks like a good deal to me. With the Dow and the FTSE back into upward channels, I will be surprised if they are not well above 112.5 by Sept. Others seem to disagree but going short in a rising market on a share with a RSI of 10 seems rather foolish to me. We will see.

Xylos